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Chinese Internet stocks surge in response to pleasing Q2 reports (I, II, III) from Youku (YOKU...

Chinese Internet stocks surge in response to pleasing Q2 reports (I, II, III) from Youku (YOKU +7.6%), Sohu (SOHU +17%), and Changyou (CYOU +16.6%). BIDU +4.3%. SINA +9.7%. RENN +11.4%. PWRD +6.7%. TUDO +8%. Baidu's gains are coming in spite of the company's disclosure that 3 employees were arrested for taking bribes to delete message board posts.
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Comments (3)
  • montanamark
    , contributor
    Comments (1435) | Send Message
     
    LOL and you wonder were yahoo finance gets its practices
    6 Aug 2012, 01:30 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4091) | Send Message
     
    If UBS (was it UBS?, not sure, heard it on CNBC yesterday, might also have been AIG) is correct and China stocks go up 20% second half this year, this might just be the start of a huge rally.
    6 Aug 2012, 01:42 PM Reply Like
  • scared rabbit
    , contributor
    Comments (7) | Send Message
     
    Wonder if they were related to the Goldman Sacks group.
    10 Aug 2012, 12:51 PM Reply Like
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